This paper considers the competitive effects of exclusive dealing contracts in a three-player game: an incumbent, an entrant who is more efficient but capacity constrained, and a buyer.
The Baumol-Willig efficient component pricing rule states that it is efficient to set the price of access to an essential facility equal to the direct cost of access plus the opportunity cost to the i
The stringency of novelty requirements that patent offices use in judging patentability defines the height of patent protection.
We study the conditions under which banks offer remote access. Note there exists interaction between location and taste for remote access.
A mark-up model for export and domestic pricing is developed using the dual approach of cost functions and taking explicitly into account the possibility of (short-run) capacity constraints.
This paper models the effect of three policies that could increase the amount of competition in the electricity spot market in England and Wales.
We estimate the impact of price uncertainty on investment using a panel of US manufacturing industries. Pooling the data for all industries, uncertainty has no impact on current investment.